eskom

A recent infographic produced by MyBroadband got us at MyPE wondering what the real increase in the cost of electricity has been over the 10 years in question covered by the infographic. The assumption is that Eskom's revenue stream is pretty well defined - their main product is electricity and the sale thereof. Product stocktaking must be a breeze, methinks! DISCLAIMER: the figures below are based on the assumption that Eskom does not have any other extremely high profit margin product in … [Read more...] about What was the REAL increase in cost of Electricity from 2008? How about 15.9% pa?

Eskom implemented Stage 2 load shedding today, 4 December as a number of generating units are still out of service due to breakdowns. “The system operator has just confirmed the implementation of Stage 2 load shedding from 9am until 10pm today,” said Eskom spokesperson Khulu Phasiwe in a tweet on Tuesday. The power utility terminated load shedding at 9pm on Monday. At the time, Eskom said the probability of Stage 2 rotational load shedding remained high as a result of a shortage of … [Read more...] about Eskom Explains Why Load Shedding Continues today

Eskom has secured 73% of its funding requirements for 2018/19, while it faces several operational and financial challenges. Releasing its 2018/19 interim results at its Megawatt Park offices on Wednesday, the utility said it had secured R52 billion (73%) of funding requirements for 2018/19 and 22% of funding for 2019/20 also secured. Revenue went up 3% to R98.1 billion, while the entity recovered irregular expenditure of approximately R1 billion. The utility said the international bond … [Read more...] about Is it Just Me That Finds a Causal Link Between THIS and Load Shedding Today?

"Shut up & pay up". That’s the message from Eskom Chairman Jabu Mabuza. “It’s no use focusing on spilt milk. We just need to pay up and move forward.” While a multitude of problems directly relates to a lack of maintenance, lack of coal and a lack of funding to service a swiftly rising debt burden, the message from the Eskom interim annual report revealed dismal results and signalled that the worst is still to come. Eskom's generation capacity is expected to further decrease from 72% to … [Read more...] about “Shut up & pay up”

There is a low to medium probability of load shedding this week, says Eskom. On Monday, the power utility said while the power system remains tight and vulnerable, the probability of load shedding is minimum. “We continue to use open-cycle gas turbines (OCGTs) and emergency reserves to limit the possibility of load shedding. Some power generating units are projected to return to service later in the week,” it said. This comes as employees of Optimum Coal Mine protested against their … [Read more...] about Low Load shedding probability

Last Friday Nersa announced Eskom's double application for tariff increases. The first application relates to a backdated claim for a shortfall of R21.6bn for the 2017/2018 years, Eskom declaring below budget electricity sales revenue as the major component of this claim. An initial target included in Eskom's MYPD3 application of 2013, shows a sales overestimate of a whopping R118bn - an amount they are now seeking to recover through increased tariffs. Such miscalculations validate how … [Read more...] about Sneaky Eskom

Eskom has advised its business customers of a free electricity load profile audit as part of a basket of incentives. “Load profile audits conducted by Eskom’s energy advisors assist business customers to free up existing electrical capacity without having to invest in new points of supply and/or upgrades in supply. Sufficient capacity enables customers to optimally improve their productivity and expand their operations,” said the power utility on Thursday. The Load Profile Audit and Load … [Read more...] about Something free from Eskom